Cost-Saving Approaches

Advent Engineering Services, Inc.
Diverse backgrounds, senior level experience and multi-industry interfaces combine to allow Advent to recommend "smart," rather than "brute force" approaches for the resolution of difficult issues. Through multiple interfaces with industry, Advent's awareness of current issues and problem-solving approaches is unsurpassed.
"Smart" approaches or plans are both integrated and strategic in nature, in addition to containing the more conventional project management approaches on schedule and budget control. To be integrated means that a plan must adequately address the responsibilities and actions of all relevant departments and levels of the organization. To be strategic means that a plan defines the present status as well as the desired endpoint, is logically systematic about how that endpoint is to be achieved, and contains measurable and reasonable success factors to monitor progress toward that endpoint.

Additionally, we at Advent have experienced success with the use of the MIT90 model to further improve the strategic nature of our proposed activities. This model is unique among management models in its attention toward assuring the proper level of technology is both considered in and incorporated into activities involving change.

Cost-Saving Examples:

Advent has proposed numerous cost saving initiatives for its clients during its 19 year history. Here is a sampling:

  • As a result of eight initiatives proposed and implemented by Advent staff for a new uranium enrichment facility, a total savings of over $30M in engineering, construction, and procurement during the life of the facility is being realized. See summary for additional details.
  • Advent developed an improved approach toward EQ program aging management which is reliable, conservative, cost-effective, and user-friendly for future aging review updates. Over an 18-month period, the project analyzed and evaluated approximately 1,200 pieces of equipment involving 87 manufacturer model types. This project was innovative in its use of technical option analysis and estimated a short- and long-term cost savings of $5,000,000 for the owner in terms of reducing unnecessary equipment replacement, more accurately predicting equipment life, and in reducing the need for future engineering analysis.
  • Advent developed a project plan for a Midwest BWR Owner, which addressed multiple methods of improving the EQ Program including re-evaluating HELBS, reducing mission times, refining harsh/mild criteria, and reassessing equipment functions. The result was projected long term plant savings of over $6M.
  • Advent reanalyzed HELBs for a Midwest PWR Owner and during the effort more properly modeled and credited heat sinks and vent paths. The result is a projected annual savings of $300,000 per year in prevented testing and maintenance of steam exclusion dampers and other EQ Program equipment.
  • On a drawing control improvement project, Advent's developed control and retention criteria projected to save the client over $250,000 in configuration update expenditures. These criteria allowed little used and rarely revised drawings to be classified historical and no longer be controlled for revision.
  • On a recent facility improvement project, Advent's recommendations were projected to save the client over $5,000,000 on the remaining life of the plant. See our Press Release
  • for more information.
  • On a drawing control improvement project, Advent's developed control and retention criteria were projected to save the client over $250,000 in configuration update expenditures.